Cost of living in New York City (United States) is 46% more expensive than in Reykjavik (Iceland)
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WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 874 prices entered by 157 different people.
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Currency:
| Food | - 12% | |||
|---|---|---|---|---|
| Food in New York City (United States) is 12% cheaper than in Reykjavik (Iceland) | ||||
| Update prices | Update prices | |||
| New York City | Reykjavik | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | $26 (3,654 kr) | 6,912 kr | - 47% | |
| Combo meal in fast food restaurant (big mac meal or similar) | $16 (2,199 kr) | 2,937 kr | - 25% | |
| 500 gr (1 lb.) of boneless chicken breast | $10 (1,438 kr) | 1,505 kr | - 4% | |
| 1 liter (1 qt.) of whole fat milk | $1.24 (173 kr) | 248 kr | - 30% | |
| 12 eggs, large | $10 (1,427 kr) | 948 kr | + 50% | |
| 1 kg (2 lb.) of tomatoes | $6 (904 kr) | 736 kr | + 23% | |
| 500 gr (16 oz.) of local cheese | $8 (1,146 kr) | 1,579 kr | - 27% | |
| 1 kg (2 lb.) of apples | $5.39 (751 kr) | 531 kr | + 41% | |
| 1 kg (2 lb.) of potatoes | $2.11 (293 kr) | 450 kr | - 35% | |
| 0.5 l (16 oz) domestic beer in the supermarket | $5.19 (721 kr) | 576 kr | + 25% | |
| 1 bottle of red table wine, good quality | $27 (3,811 kr) | 4,730 kr | - 19% | |
| 2 liters of coca-cola | $3.33 (463 kr) | 371 kr | + 25% | |
| Bread for 2 people for 1 day | $4.13 (575 kr) | 454 kr | + 27% | |
| Housing | + 81% | |||
| Housing in New York City (United States) is 81% more expensive than in Reykjavik (Iceland) | ||||
| Update prices | Update prices | |||
| New York City | Reykjavik | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | $7,225 (1,005,268 kr) | 412,072 kr | + 144% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | $4,983 (693,381 kr) | 345,938 kr | + 100% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | $242 (33,626 kr) | 47,688 kr | - 29% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | $5,127 (713,418 kr) | 328,691 kr | + 117% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | $3,876 (539,371 kr) | 249,651 kr | + 116% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | $215 (29,877 kr) | 33,176 kr | - 10% | |
| Internet 8 mbps (1 month) | $88 (12,212 kr) | 10,661 kr | + 15% | |
| 40” flat screen tv | $611 (85,075 kr) | 128,560 kr | - 34% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | $145 (20,188 kr) | 28,871 kr | - 30% | |
| Laundry detergent (3 l. ~ 100 oz.) | $18 (2,531 kr) | 2,826 kr | - 10% | |
| Hourly rate for cleaning help | $35 (4,830 kr) | 6,364 kr | - 24% | |
| Clothes | - 10% | |||
| Clothes in New York City (United States) is 10% cheaper than in Reykjavik (Iceland) | ||||
| Update prices | Update prices | |||
| New York City | Reykjavik | Diff | ||
| 1 pair of jeans (levis 501 or similar) | $96 (13,417 kr) | 14,089 kr | - 5% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | $77 (10,657 kr) | 12,510 kr | - 15% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | $149 (20,792 kr) | 26,016 kr | - 20% | |
| 1 pair of men’s leather business shoes | $247 (34,432 kr) | 28,256 kr | + 22% | |
| Transportation | + 51% | |||
| Transportation in New York City (United States) is 51% more expensive than in Reykjavik (Iceland) | ||||
| Update prices | Update prices | |||
| New York City | Reykjavik | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | $61,673 (8,581,126 kr) | 5,926,530 kr | + 45% | |
| 1 liter (1/4 gallon) of gas | $1.17 (163 kr) | 302 kr | - 46% | |
| Monthly ticket public transport | $177 (24,653 kr) | 10,866 kr | + 127% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | $27 (3,765 kr) | 12,036 kr | - 69% | |
| Personal Care | + 86% | |||
| Personal Care in New York City (United States) is 86% more expensive than in Reykjavik (Iceland) | ||||
| Update prices | Update prices | |||
| New York City | Reykjavik | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | $14 (1,972 kr) | 1,305 kr | + 51% | |
| 1 box of antibiotics (12 doses) | $32 (4,420 kr) | 1,917 kr | + 131% | |
| Short visit to private doctor (15 minutes) | $233 (32,406 kr) | 11,410 kr | + 184% | |
| 1 box of 32 tampons (tampax, ob, ...) | $12 (1,647 kr) | 697 kr | + 136% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | $9 (1,217 kr) | 690 kr | + 76% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | $13 (1,752 kr) | 723 kr | + 142% | |
| 4 rolls of toilet paper | $8 (1,105 kr) | 640 kr | + 73% | |
| Tube of toothpaste | $2.61 (363 kr) | 448 kr | - 19% | |
| Standard men's haircut in expat area of the city | $37 (5,137 kr) | 7,905 kr | - 35% | |
| Entertainment | + 70% | |||
| Entertainment in New York City (United States) is 70% more expensive than in Reykjavik (Iceland) | ||||
| Update prices | Update prices | |||
| New York City | Reykjavik | Diff | ||
| Basic dinner out for two in neighborhood pub | $101 (14,090 kr) | 9,775 kr | + 44% | |
| 2 tickets to the movies | $40 (5,549 kr) | 3,967 kr | + 40% | |
| 2 tickets to the theater (best available seats) | $536 (74,550 kr) | 14,457 kr | + 416% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | $201 (28,036 kr) | 13,263 kr | + 111% | |
| 1 cocktail drink in downtown club | $29 (4,090 kr) | 3,576 kr | + 14% | |
| Cappuccino in expat area of the city | $11 (1,488 kr) | 795 kr | + 87% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | $16 (2,174 kr) | 1,441 kr | + 51% | |
| Ipad wi-fi 128gb | $710 (98,762 kr) | 164,715 kr | - 40% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | $1.04 (145 kr) | 57 kr | + 154% | |
| 1 month of gym membership in business district | $242 (33,708 kr) | 22,726 kr | + 48% | |
| 1 package of marlboro cigarettes | $21 (2,932 kr) | 1,785 kr | + 64% | |
 |
TOTAL | + 46% | ||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 874 prices entered by 157 different people.
These prices were last updated on December 12, 2024.
Exchange rate:
139.140
ISK
/
USD
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For example, you would need at least 1,888,486 kr ($13,573) in New York City to maintain the same standard of living that you can have with 1,290,000 kr in Reykjavik.
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